Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
The one common theme across companies that have rewarded shareholders is consumption.
Union officials said with increasing possibility of further extension of the coronavirus-induced lockdown, several auto and taxi drivers are going to their native places in their black and yellow coloured auto rickshaws and taxis.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
A WGC survey says that there is no dearth of gold demand, but there is lack of trust among prospective gold buyers, not only in India but globally.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
It's puzzling why Indian cos keep their acquired brands out of play.
The ad for a 'lehnga' brand featuring Bollywood star Alia Bhatt as the much indulged daughter and granddaughter has fired debate on social media platforms and elsewhere on the age-old tradition of giving away the daughter.
It is recommended that you consume 1 to 4 gm of carbohydrates per every 2.2 pounds (approx 1 kg) of body weight if you are planning to exercise for longer than an hour.
It is Mumbai's favourite festival and is celebrated each year with fervour and frenzy. But when the city welcomes "Ganpati Bappa" this Friday, the celebrations will be low key. With a cap on the size of idols, ban on processions and restrictions on devotees visiting pandals, celebrations are toned down for the second year in a row. Festival budgets have shrunk and as a result, corporate sponsorships have dried out.
US e-commerce giant Amazon has written to the independent directors of Future Retail Limited (FRL), including Gagan Singh, Ravindra Dhariwal and Jacob Mathew, and its audit committee, providing data and alleging that there have been significant financial irregularities to the prejudice of public shareholders, banks, creditors, and third-party suppliers. Amazon has said this warrants a thorough and independent examination of all relevant facts and related-party transactions, including of past financial years, by an independent agency. Separately, Amazon has written to Securities and Exchange Board of India Chairman Ajay Tyagi, seeking the withdrawal of the regulator's conditional approval granted to FRL related to the merger deal between the Future group and Reliance.
This is the first time that petrol sales in the world's third-largest oil importer have risen since the March 25 nationwide lockdown crippled economic activity and sent demand plummeting.
On the occasion of Chinese president Xi Jinping's two-day visit, Indian exporters are looking for a big boost in export of agricultural commodities, especially the ones that have been impacted by the ongoing trade war between the United States and China.
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
Ditch the cheat day on a keto diet, says study.
'We have no time for meals. We don't sleep on time or have family or community interactions.' 'All this stress has made us pressure cookers without valves.' 'No wonder then we are bursting out with heart attacks,' points out Dr Udgeath Dhir, director, Fortis Memorial Research Institute, Gurugram.
CyberMedia Research's India Tablets Consumer Usage and Adoption Trends 2013 study said that 3 out of every 4 users claimed mobility as a major reason to purchase a tablet with accessing social networking sites and entertainment, on the go, being their preferred activities.
Money managers have turned cautious about the technology space.
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
This number is more than the total number (1,071) of electric cars sold in India in calendar year 2019. MG has stopped registrations for the ZS and will cater to 2,409 of the total bookings.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
Visual appeal or taste, what attracts you to food?
'It could take 12 months or more for hiring to get back on track.' 'New opportunities would come up and there will be demand for skillsets that can help dealing with the current situation.'
The new car market is estimated at around 30,000 units a year in sales in a good year, whereas the used car market for luxury vehicles is estimated at around 60,000 cars annually.
Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
A study by second-hand car dealer CARS 24 showed 42 per cent of the consumer feel the need for a car to travel safely now. Those who used cabs to commute before the pandemic want to buy a car for the family and a two-wheeler for shorter runs.
The home-grown biscuit brand looks to get inside the customer's mind as it steps outside the boundaries of its mass-market identity
Rediff reader Navneet, 30 from Vadodara tells us how he lost 15 kg with the right diet and exercise.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
After Patanjali, ITC and Coke, PepsiCo eyes value-added dairy products
'Several businesses like entertainment, hospitality, travel etc would never be the same again.'
PepsiCo has tie-ups with KFC, Pizza Hut, Domino's, Burger King, and Subway in India, while Coca-Cola has a partnership with McDonald's only
Fresher hiring is expected to more than double compared to last year.
Human instincts draw us to either curvy models or those with sharp angles, and car makers cater to one or the other, depending on the era, the study has found.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The potted history of the browser wars indicates how much the online space has altered in the last 25 years. Chrome's dominance, says Devangshu Datta, is unlikely to last forever.
If you like your rice spicy, you will love this recipe.
If you have a short-term horizon, it might be better to wait for a while, say analysts.
'When there are people who hate brands, it shows they are standing for something.' 'If you are trying to be everything to all people, you are failing.' 'Brands should be brave enough and take more stands on issues.'
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